1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MatroZZZ [7]
4 years ago
9

Closet Links Clothing Company provided the following manufacturing costs for the month of June. Direct labor cost ​$138,000 Dire

ct materials cost ​85,000 Equipment depreciation​ (straight-line) ​24,000 Factory insurance ​19,000 Factory​ manager's salary ​11,000 ​Janitor's salary ​3,000 Packaging costs ​19,200 Property taxes ​14,000 From the above​ information, calculate Closet​ Link's total variable costs.
Business
1 answer:
Morgarella [4.7K]4 years ago
6 0

Answer:

The Total Variable Cost is $242,200

Explanation:

The variable costs are all the prime costs which is all direct costs which includes direct labor $138,000, direct material $85,000 and packaging costs $19,200 which increases with the activity level increases. This means that the cost that doesn't change with the change in activity level are fixed costs and these are depreciation, factory insurance, Manager and supervisor's salary, and property taxes which are fixed for the year.

You might be interested in
According to ______________, stock prices react instantaneously, completely and accurately to all publicly available information
Lelu [443]

Answer:

Theory of Efficient markets

Explanation:

According to this theory stock prices react instantaneously to new information

4 0
3 years ago
In the classical approaches to management, proponents of the __________ approach argued that managers should stress primarily em
bogdanovich [222]

It should be noted that In the classical approaches to management, proponents of the Human Relations  approach argued that managers should stress primarily employee welfare, motivation, and communication.

<h3>What is Human Relations management?</h3>

Human Relations management theory  can be regarded as premise of organizational psychology which explains that an employer can employee productivity and motivation by positive social bonds.

Therefore, Human Relations support managers to be stressing primarily employee welfare and motivation.

Learn more about Human Relations  at;

brainly.com/question/1657284

7 0
2 years ago
A firm purchased a three-year insurance policy for $5,760 on July 1, 2019. The $5,760 was debited to the Prepaid Insurance 2. On
Andrej [43]

Answer:

The journal entries are as follows:

(i) Insurance expense A/c Dr. $160

        To prepaid insurance             $160

(To record the insurance expense)

Workings:

Insurance expense = cost of insurance policy ÷ 36 months

                                = $5,760 ÷ 36 months

                                = $160

(ii) Advertising expense A/c Dr. $1,160

           To prepaid advertising             $1,160

(To record the advertising expense)

Workings:

Advertising expense = cost of advertisement ÷ 24 months

                                   = $27,840 ÷ 24 months

                                   = $1,160

4 0
3 years ago
Which of the following is a disadvantage of outsourcing?
Sonbull [250]

Answer:

b. ​It reduces productivity and revenue growth.

Explanation:

The disadvantage of outsourcing is that it reduces productivity and revenue growth. Due to outsourcing, the company ceases to produce a product in its own facility and gives the entire production responsibility to third party. This is because the company might not have the capability to produce on its own or it might be costly for the company.

Since the company has to give production cost, over runs, labour cost etc along with margins to the third party, hence there is a decrease in revenue growth and productivity of the company.

4 0
4 years ago
Bird Corp.'s trademark was licensed to Brian Co. for royalties of 15% of the sales of the trademarked items. Royalties are payab
Romashka-Z-Leto [24]

Answer:

a. $13,000

Explanation:

Calculation for what royalty revenue should be

First step is to find the estimated amount for the second half of the year

Royalties for the second half =

15%*$30,000

Royalties for the second half= $4,500

Now let Compute for the total royalty revenue

Total royalty revenue for 20X5=$8,500+$4,500

Total royalty revenue for 20X5=$13,000

Therefore the royalty revenue should be $13,000

6 0
3 years ago
Other questions:
  • Massachusetts passed a law forbidding any public utility from encouraging a pro-nuclear energy position in utility advertisement
    11·1 answer
  • A firm has net working capital of $2,715, net fixed assets of $22,407, sales of $31,350, and current liabilities of $3,908. How
    10·1 answer
  • An industrial tool manufacturer relies on a particular distributor network. This distributor network has the largest online outl
    15·1 answer
  • When using equity financing, firms run the risk of?
    13·1 answer
  • The major downside risk of informational social influence is that the more ________ the situation is, the more we rely on others
    12·1 answer
  • 3) Cost tracing is ________. A) the assignment of direct costs to the chosen cost object B) a function of cost allocation C) the
    9·1 answer
  • Select the appropriate letter to each of its related definition in the list given below. There should be only one definition per
    13·1 answer
  • Here I Sit Sofas has 6,000 shares of common stock outstanding at a price of $83 per share. There are 710 bonds that mature in 19
    6·1 answer
  • The following is a condensed version of the comparative balance sheets for Bonita Corporation for the last two years at December
    10·1 answer
  • Which of the following borrowing options would cost her the least? Credit card. Personal loan at bank. Student loan. Payday loan
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!